Which of the following would shift the FE line to the left?
A. A decrease in the future marginal productivity of capital
B. An increase in labor supply
C. A beneficial supply shock
D. A decrease in the capital stock
Answer: D
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Among the state nonmember banks, __________ have federal deposit insurance through the FDIC
A) all B) virtually all C) a minority D) none of them
The unemployment rate is the number of unemployed people:
A. divided by the number of people who are working. B. divided by the total working-age population. C. divided by the sum of the number of people who are working and the number of people who are looking for work. D. and the number of people working fewer than their desired number of hours, divided by the number of people who are working or looking for work.
What is economic profit?
What will be an ideal response?
Consider a car dealership advertises a three-year lease at $250 per month. When you arrive to apply, you discover that the lease requires a down payment of $3600 dollars. You will undertake the lease if
A) you value the lease at least $350 per month. B) you value the lease at least $250 per month, the $3600 is a sunk cost. C) you value the lease less than $350 per month. D) you value buying a new car at $400 per month.